recovery from 840m barrels of oil is about 10% so that is 80+mb oil recovery over LOM. The 10% maybe slightly less but even if you work off 5% is 42mb oil recovery. Work out MC on the lower then discount it by 30% then let us know price of BAS. This doesn't include the GAS 21TCF (let's leave this for another day). Not that Im promoting another stock but if you want to get an understating on recovery of oil look at MAY announcements from last year ALMEDA project and they own only 30% of the project, they are mining in CUBA which has its own issues. BAS still holds risk like all explorers. When they start the flow tests on beanbush I think you'll see some stock appreciation. patients fellas. BAS has FA SOI and they don't need to raise cash and dilute shareholders. it has a FA MC and turning a profit.
recovery from 840m barrels of oil is about 10% so that is 80+mb...
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Last
7.4¢ |
Change
0.002(2.78%) |
Mkt cap ! $21.02M | |||
| Open | High | Low | Value | Volume |
| 7.3¢ | 7.4¢ | 7.3¢ | $13.86K | 189.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 73000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.4¢ | 99613 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
7.3¢ |
Change
0.002 ( 2.82 %) |
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| Open | High | Low | Volume | ||
| 7.3¢ | 7.3¢ | 7.3¢ | 26057 | ||
| Last updated 15.29pm 03/05/2024 ? | |||||
| BAS (ASX) Chart |